India, April 9 -- Bringing a unique blend of stability and market-linked growth to retirement planning, Tata AIA today launched Shubh Flexi Pension plan in association with Policybazaar. The plan is a variable annuity solution that seeks to reframe how Indians approach retirement planning by combining predictability with participation in market growth.

The launch comes at a time when the traditional retirement approach is constantly evolving. Longer life expectancy is stretching retirement into multiple decades, while inflation continues to erode purchasing power. Against this backdrop, the Shubh Flexi Pension Plan introduces a dual-structure annuity. One part delivers a guaranteed income for life, which protects customers from longevity...